California will make cheaper, state-branded insulin available for those with diabetes, Governor Gavin Newsom Announced Thursday, boasting his initiative to make drugs more affordable will take on more pricey medications.
Starting on Jan. 1, each insulin pen sold by CalRx will be $11, nearly 90% cheaper than the same drug sold by Lantus, a pharmaceutical company.
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A month supply of a five-pen pack will be sold at $55, officials said.
But the exact price at drug stores may vary depending on what kind of insurance patients have.
Thursday’s announcement was two years in the making as Newsom had announced the state would manufacture more affordable insulin in a partnership with nonprofit generic drugmaker Civica Rx,